Forexpros Fundamental Weekly Outlook, Nov 30-Dec 4,2009

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Forexpros Fundamental Weekly Outlook, Nov 30-Dec 4,2009

EU:
• Monday: Germany Retail Sales MoM (Previous -0.5%, Forecast N/A) & YoY (Previous -3.9%, Forecast N/A).
• Tuesday: Euro-Zone PMI Manufacturing (Previous 51, Forecast N/A), Unemployment Rate (Previous 9.7%, Forecast N/A). Germany PMI Manufacturing (Previous 52, Forecast N/A), Unemployment Rate (Previous 8.1%, Forecast N/A).
• Wednesday: Euro-Zone PPI MoM (Previous -0.4%, Forecast N/A) & YoY (Previous -7.7%, Forecast N/A).
• Thursday: Euro-Zone PMI Services (Previous 53.2, Forecast N/A), France Unemployment Rate (Previous 9.5%, Forecast N/A), PMI Services (Previous 60.4, Forecast N/A). Germany PMI Services (Previous 51.5, Forecast N/A). Euro-Zone Retail Sales MoM (Previous -0.7%, Forecast N/A) & YoY (Previous -3.6%, Forecast N/A). Euro-Zone GDP QoQ (Previous 0.4%, Forecast N/A) & YoY (Previous -4.1%, Forecast N/A). ECB Interest Rates (Previous 1.00%, Forecast N/A) & Trichet Monthly News Conference.

US:
• Monday: Chicago PMI (Previous 54.2, Forecast 53).
• Tuesday: ISM Manufacturing (Previous 55.7, Forecast 54.8 ) .
• Wednesday: Fed's Beige Book (Text Report).
• Thursday: Initial Jobless Claims (Previous 466k, Forecast 488k). ISM Non-Manufacturing (Previous 50.6, Forecast 51.3).
• Friday: Change in Nonfarm Payrolls (Previous -190K, Forecast -100K). Unemployment Rate (Previous 10.2%, Forecast 10.2%). Factory Orders (Previous 0.9%, Forecast 0.4%).

JP:
• Monday: Housing Starts YoY (Previous -37.0%, Forecast N/A).
• Thursday: Capital Spending (Previous -21.7%, Forecast N/A).

UK:
• Monday: GfK Consumer Confidence Survey (Previous -13, Forecast N/A). M4 Money Supply MoM (Previous 1.8%, Forecast N/A) & YoY (Previous 11.0%, Forecast N/A).
• Tuesday: Nationwide House Price Index MoM (Previous 0.4%, Forecast 0.3) & YoY (Previous 2.0%, Forecast 2.4%). PMI Manufacturing (Previous 53.7, Forecast N/A).
• Thursday: PMI Services (Previous 56.9, Forecast N/A).

AU:
• Monday: New Home Sales MoM (Previous -4.5%, Forecast N/A), Private Sector Credit (Previous 1.7%, Forecast N/A).
• Tuesday: Building Approvals MoM (Previous 2.7%, Forecast N/A) & YoY (Previous 11.7%, Forecast N/A). RBA CASH TARGET (Previous 3.50%, Forecast 3.75%).
• Thursday: Retail Sales MoM (Previous -0.2%, Forecast N/A).

CA (CAD/USD):
• Monday: GDP MoM (Previous -0.1%, Forecast N/A) & QoQ (Previous -3.4%, Forecast 1.0%).
• Friday: Unemployment Rate (Previous 8.6%, Forecast N/A), Net Change in Employment (Previous -43.2K, Forecast N/A). Ivey Purchasing Managers Index (Previous 61.2, Forecast N/A).

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Forex trading analysis by Forexpros - Written by Munther Marji

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